UWC supplies Arkhbum with new batch of timber cars

639
2
AK&M 25 September 2020 18:53

PJSC Research and Production Corporation United Wagon Company (RPC UWC, MOEX: UWGN), the leading freight car manufacturer in Russia, has supplied a batch of flat timber cars on a 25 tf bogie for the transportation of timber cargoes under an additional agreement signed this summer with Arkhbum LLC, a major regional operator of the railway services market. This is the third supply of the next-gen railcars to the operator in 2020. More than 300 cars in Arkhbum's Arkhbum were manufactured at JSC Tikhvin Freight Car Building Plant, the company informed.

The 40-foot flat timber car of model 13-6852-02 is intended for timber transportation. It features increased load capacity (74 tonnes) and volume (122 m³) resulting in lower cost of freight transportation. The car can run up to 1 million km (or 8 years) between repairs. The flat car service life is 40 years.

Arkhbum, a subsidiary of JSC Arkhangelsk Pulp and Paper Mill, is a large regional operator in the market of railway services. The company owns and manages a fleet of 2,456 railcars and 8 locomotives.

JSC Arkhangelsk Pulp and Paper Mill established 1940 is one of Russia's and Europe's leading timber and chemical enterprises. The company specializes in the manufacture of cardboard and marketable cellulose, paper and stationery items. Its sole shareholder is Austria's Pulp Mill Holding GmbH.

United Wagon Company (RPC UWC, tax number: 7705522866) is the biggest manufacturer of freight cars in Russia. The holding includes companies such as JSC Tikhvin Freight Car Building Plant, JSC TikhvinChemMash, JSC TikhvinSpetsMash and LLC NPC Springs, transport company UNICON 1520, leasing companies employing the RAIL1520 brand and car-repair plant JSC Titran-Express Tikhvin Assembly Factory. The holding's research activities are supervised by All-Union Research and Development Centre for Transportation Technology. RPC UWC provides services using a wide network of training and service centers based on car repair depots in the 1520 mm gauge space. RPC UWC develops and produces freight cars according to international standards: GOST, AAR, and UIC. The company qualifies as a Q2 supplier for Deutsche Bahn, the largest railway operator in Europe. One of RPC UWC's largest shareholders is Otkritie FC Bank holding a 24.3% stake (through controlled NPFs).